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Chapter 4
Demanding Ethical and Socially Responsible Behavior
12
Business
Undergraduate 1
09/17/2011

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Term
Compliance-Based Ethics Codes
Definition
ethical standards that emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers
Term
Ethics
Definition
standards of moral behavior, that is, behavior accepted by society as right versus wrong
Term
Integrity-Based Ethics Codes
Definition
ethical standards, that define the organization's guiding values, create an ethically sound behavior, and stress a shared accountability among employees
Term
Whistleblowers
Definition
insiders who report illegal or unethical behavior
Term
Corporate Social Responsibility (CSR)
Definition
a business's concern for the welfare of society
Term
Coroporate Philanthropy
Definition
the dimension of responsibility that includes charitable donations
Term
Corporate Social Initiatives
Definition
enhanced forms of corporate philanthropy directly related to the company's competencies
Term
 Corporate Responsibility
Definition
the dimension of social responsibility that includes everything from hiring minority workers to making safe products
Term
Corporate Policy
Definition
the dimension of social responsibility that refers to the position a firm takes on social and political issues
Term
Insider Trading
Definition
an unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends
Term
Social Audit
Definition
a systematic evaluation of an organization's progress toward implementing socially responsible and responsive programs
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